Whats New in this Version
iTunes 7.4.2 addresses an issue with creating ringtones using iTunes Plus song purchases and includes bug fixes to improve stability and performance.

Apple recently introduced 7.4.1 on September 7th. The 7.4.1 update had disabled a workaround that allowed users to create their own ringtones out of any song. No word on whether or not the 7.4.2 update causes any problems with unofficial ringtones.

The capacity bar for my iPhone in iTunes is no longer specifying the media types. It just says "Other."

Update: Actually it looks like my music is no longer showing up on the iPhone, even though it's still taking up disk space. When trying to sync, iTunes says the phone is linked to another copy of iTunes. I told it to erase and re-sync, but it's refusing the delete the music now identified as "Other" and tells me there's not enough space to to sync my music library.

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